Freight Recession Squeezes Top 100 For-Hire Carriers
Updated 2024 List Illustrates Financial Strain on Trucking Companies
J.B. Hunt Transport Services remained the third-largest for-hire motor carrier in North America based on 2023 revenue. (J.B. Hunt Transport Services)
While enduring a prolonged freight recession, the largest trucking companies in North America have been surviving on lower rates and tightly managing their operating expenses as they await a market rebound.